The paper has twofold objectives. Firstly, the impact of the inflation rate on economic growth with the possibility of two threshold levels for Pakistan using annual data from 1961 to 2008 is examined and secondly, nonlinear relationship between inflation and investment has been investigated....

This study attempts to estimate the electricity demand function for Pakistan using smooth transition autoregressive model over the period 1971-2012. The empirical results have shown that there is nonlinear relationship between electricity consumption and economic growth and also between...